Zobrazeno 1 - 10
of 92
pro vyhledávání: '"Pai, Mallesh"'
Autor:
Pai, Mallesh, Resnick, Max
We show that Execution Tickets and Execution Auctions dramatically increase centralization in the market for block proposals, even without multi-block MEV concerns. Previous analyses have insufficiently or incorrectly modeled the interaction between
Externí odkaz:
http://arxiv.org/abs/2408.03116
Autor:
Chitra, Tarun, Pai, Mallesh
Restaking protocols have aggregated billions of dollars of security by utilizing token incentives and payments. A natural question to ask is: How much security do restaked services \emph{really} need to purchase? To answer this question, we expand a
Externí odkaz:
http://arxiv.org/abs/2408.00928
Byzantine fault-tolerant consensus protocols have provable safety and liveness properties for static validator sets. In practice, however, the validator set changes over time, potentially eroding the protocol's security guarantees. For example, syste
Externí odkaz:
http://arxiv.org/abs/2406.05124
Mechanisms for decentralized finance on blockchains suffer from various problems, including suboptimal price execution for users, latency, and a worse user experience compared to their centralized counterparts. Recently, off-chain marketplaces, collo
Externí odkaz:
http://arxiv.org/abs/2403.02525
Autor:
Pai, Mallesh, Resnick, Max
Currently, over 90% of Ethereum blocks are built using MEV-Boost, an auction that allows validators to sell their block-building power to builders who compete in an open English auction in each slot. Shortly after the merge, when MEV-Boost was in its
Externí odkaz:
http://arxiv.org/abs/2311.09083
The current Proposer-Builder Separation (PBS) equilibrium has several builders with different backgrounds winning blocks consistently. This paper considers how that equilibrium will shift when transactions are sold privately via order flow auctions (
Externí odkaz:
http://arxiv.org/abs/2305.19150
Modern blockchains guarantee that submitted transactions will be included eventually; a property formally known as liveness. But financial activity requires transactions to be included in a timely manner. Unfortunately, classical liveness is not stro
Externí odkaz:
http://arxiv.org/abs/2301.13321
We introduce a simple but general online learning framework in which a learner plays against an adversary in a vector-valued game that changes every round. Even though the learner's objective is not convex-concave (and so the minimax theorem does not
Externí odkaz:
http://arxiv.org/abs/2108.03837
The classic wisdom-of-the-crowd problem asks how a principal can "aggregate" information about the unknown state of the world from agents without understanding the information structure among them. We propose a new simple procedure called Population-
Externí odkaz:
http://arxiv.org/abs/2102.02666
We present a general, efficient technique for providing contextual predictions that are "multivalid" in various senses, against an online sequence of adversarially chosen examples $(x,y)$. This means that the resulting estimates correctly predict var
Externí odkaz:
http://arxiv.org/abs/2101.01739